CLEAN : African leaders agree to finance all African Union operations

The video discusses the financial demands on the Treasury and the African Union's decision to finance 100% of its operational activities. This decision aims to generate about 1.2 billion U.S. dollars, potentially more, ensuring predictable and easy revenue collection by each country's authorities.

What is one of the main concerns regarding the Treasury as discussed in the video?

• Lack of funds

• Ensuring permissions and accounts are in order

• High interest rates

• Currency devaluation

What bold decision did the African Union's Heads of State make?

• To seek international aid

• To cut down on expenses

• To finance 100% of the African Union Commission's operational activities

• To increase taxes

How much money is the new financing formula expected to generate?

• 1.2 billion U.S. dollars

• 800 million U.S. dollars

• 500 million U.S. dollars

• 2 billion U.S. dollars

Who will manage the collection of funds generated by the new financing formula?

• International banks

• The African Union

• Revenue authorities of each country

• Private companies

What is a potential benefit of the new financing formula mentioned in the video?

• It will be unpredictable

• It will generate more money than currently

• It will require international loans

• It will reduce taxes